Dustin Net Receivables vs Operating Income Analysis

0R5W Stock   87.20  80.84  1,271%   
Dustin Group financial indicator trend analysis is much more than just examining Dustin Group AB latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dustin Group AB is a good investment. Please check the relationship between Dustin Group Net Receivables and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dustin Group AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Operating Income

Net Receivables vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dustin Group AB Net Receivables account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dustin Group's Net Receivables and Operating Income is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Operating Income in the same time period over historical financial statements of Dustin Group AB, assuming nothing else is changed. The correlation between historical values of Dustin Group's Net Receivables and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Dustin Group AB are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Receivables i.e., Dustin Group's Net Receivables and Operating Income go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Operating Income

Operating Income is the amount of profit realized from Dustin Group AB operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dustin Group AB is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Dustin Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dustin Group AB current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dustin Group AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 89.6 M in 2024. Selling General Administrative is likely to drop to about 1.6 B in 2024
 2019 2020 2023 2024 (projected)
Interest Income52.5M105.2M121.0M63.7M
Tax Provision57.9M112.2M129.0M89.6M

Dustin Group fundamental ratios Correlations

0.910.991.00.970.890.610.910.890.971.00.970.67-0.411.00.990.960.590.930.730.9-0.870.95
0.910.940.90.910.970.781.00.970.920.90.930.83-0.440.910.940.910.750.90.880.86-0.940.92
0.990.940.980.980.920.670.940.920.990.990.990.72-0.390.991.00.960.640.920.780.92-0.90.97
1.00.90.980.970.870.60.90.870.961.00.970.66-0.370.990.980.940.590.920.720.9-0.870.95
0.970.910.980.970.890.730.910.890.960.970.950.76-0.340.970.980.950.710.890.830.97-0.860.93
0.890.970.920.870.890.730.961.00.880.880.90.79-0.50.90.910.920.690.950.830.82-0.850.85
0.610.780.670.60.730.730.790.730.610.610.580.99-0.20.610.670.650.990.550.980.82-0.740.62
0.911.00.940.90.910.960.790.960.930.90.930.84-0.420.910.940.920.760.880.880.87-0.940.92
0.890.970.920.870.891.00.730.960.880.880.90.79-0.50.90.910.920.690.950.830.82-0.850.85
0.970.920.990.960.960.880.610.930.880.970.990.66-0.330.960.990.940.590.870.740.9-0.90.98
1.00.90.991.00.970.880.610.90.880.970.970.66-0.41.00.990.960.580.920.720.9-0.880.95
0.970.930.990.970.950.90.580.930.90.990.970.64-0.410.970.990.930.550.910.710.87-0.90.98
0.670.830.720.660.760.790.990.840.790.660.660.64-0.320.670.720.690.960.630.980.83-0.80.67
-0.41-0.44-0.39-0.37-0.34-0.5-0.2-0.42-0.5-0.33-0.4-0.41-0.32-0.43-0.41-0.34-0.06-0.57-0.2-0.190.41-0.38
1.00.910.990.990.970.90.610.910.90.961.00.970.67-0.430.990.970.590.930.730.89-0.870.94
0.990.941.00.980.980.910.670.940.910.990.990.990.72-0.410.990.950.630.920.780.92-0.910.97
0.960.910.960.940.950.920.650.920.920.940.960.930.69-0.340.970.950.640.90.760.88-0.80.87
0.590.750.640.590.710.690.990.760.690.590.580.550.96-0.060.590.630.640.510.970.82-0.70.58
0.930.90.920.920.890.950.550.880.950.870.920.910.63-0.570.930.920.90.510.680.77-0.80.85
0.730.880.780.720.830.830.980.880.830.740.720.710.98-0.20.730.780.760.970.680.89-0.820.73
0.90.860.920.90.970.820.820.870.820.90.90.870.83-0.190.890.920.880.820.770.89-0.830.88
-0.87-0.94-0.9-0.87-0.86-0.85-0.74-0.94-0.85-0.9-0.88-0.9-0.80.41-0.87-0.91-0.8-0.7-0.8-0.82-0.83-0.94
0.950.920.970.950.930.850.620.920.850.980.950.980.67-0.380.940.970.870.580.850.730.88-0.94
Click cells to compare fundamentals

Dustin Group Account Relationship Matchups

Dustin Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B7.3B7.8B14.3B16.5B8.7B
Short Long Term Debt Total2.0B2.0B2.5B4.9B5.6B5.9B
Total Current Liabilities2.6B4.5B5.3B4.9B5.6B3.7B
Total Stockholder Equity1.6B2.5B2.5B4.7B5.4B2.8B
Retained Earnings921.4M924.6M1.1B1.3B1.5B1.1B
Cash277.6M281.3M730.1M847.4M974.5M1.0B
Other Assets17.9M11.9M23.9M102.3M117.6M123.5M
Long Term Debt2.0B2.0B2.2B4.5B5.2B5.4B
Cash And Short Term Investments277.6M281.3M730.1M847.4M974.5M1.0B
Net Receivables1.4B2.7B3.5B2.8B3.2B2.3B
Good Will3.2B3.8B3.7B7.8B8.9B4.5B
Inventory482.9M1.0B1.3B987M1.1B777.7M
Other Current Assets73.7M102.2M99.5M554.1M637.2M669.1M
Other Stockholder Equity1.1B(11.7M)3M175.6M158.0M223.7M
Total Liab4.5B4.8B5.3B9.6B11.1B5.9B
Total Current Assets2.7B4.9B6.0B5.4B6.2B4.0B
Intangible Assets699M774.5M723.9M925.1M1.1B791.0M
Common Stock443.2M565.1M565.6M5.4B6.2B6.5B
Property Plant Equipment601.5M725.7M642.5M603.2M693.7M439.2M
Other Current Liab439.5M496M669.8M1.4B1.6B1.7B
Other Liab209.9M248.5M334.6M382.6M440.0M297.3M
Net Tangible Assets(2.0B)(4.0B)(4.0B)(4.4B)(4.0B)(4.2B)
Accounts Payable1.5B3.1B3.8B3.1B3.5B2.7B

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